Skytra, the London-based subsidiary of Airbus, which is developing a derivatives trading venue to help airlines directly hedge passenger ticket prices, has announced a data partnership with the International Air Transport Association (IATA) and a weekly COVID-19 update on pricing trends.
IATA is the world’s largest data provider of air travel ticketing information.
While this data will support Skytra's long-term goal of creating indices to underpin a new class of futures and options contracts, the immediate impact of COVID-19 on the air travel industry prompted Skytra and IATA to also begin publication of weekly reports on regional revenue trends for the airline industry.
Link to related article: https://www.fia.org/articles/airline-ticket-derivatives-venture-starts-weekly-covid-19-update
